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Trading Carbon : December - January 2011
11 PEOPLE MOVES On the move Gilles Corre, head of structured carbon at Tullett Prebon, has left the company. Richard Wilson, head of the brokerage's emissions desk said in October he had departed to pursue other opportunities. “The primary market is really diffcult right now. It's frustrating that there is a lack of direction on what happens after 2012 and with secondary prices below the Chinese price foor of eight euros, there’s no real push or drive to develop new projects," Wilson said, adding that the company would retain one broker to act as a point of contact for CDM project developers. Corre, who joined the company in 2008 after leaving rival broker Evolution Markets, had been an intermediary in deals for project-based emissions credits since the UN started approving projects in 2005. Andrei Marcu (right), head of policy and regulatory affairs at Switzerland-based trading house Mercuria, has left the company, he said in October. It is the third departure from the company's carbon desk since June. Marcu, also former president of carbon market lobby group the International Emissions Trading Association and ex-CEO of Paris-based emissions bourse BlueNext, will join the Centre for European Policy Studies, as a senior advisor. He will also head the Brussels-based think-tank's Carbon Market Forum. Franck Bernard, who worked as head of business development for carbon markets, and trader Daniel Mulder both left the company earlier in the year. Four non executive members of the board of directors at project developer Trading Emissions Plc, including chairman Neil Eckert (left) will stand down from their roles in December. The move follows a failed attempt to sell the company earlier in the year amid a back drop of low carbon prices. Malcolm Gillies, Nigel Wood and Bertrand Rassool are also set to quit the board at December's AGM, with Christopher Agar, Martin Adams, Francis Hackett and Norman Crighton proposed to join. Philip Scales and Peter Vanderpump will remain on the six-person board the company said. Tomas Wyns has joined the think-tank Center for Clean Air Policy (CCAP) Europe as director based in Brussels. He was previously policy team co-ordinator at NGO Climate Action Network Europe and has also worked as climate change policy offcer at the Flemish Environment Administration. The president and CEO of the International Emissions Trading Association (IETA) Henry Derwent will retire in the frst half of 2012, having completed his contractual term, the emissions trading lobby group said in October. Derwent, who turned 60 in November, joined IETA three years ago from the UK's Department for Environment, Food and Rural Affairs, where he covered international and domestic climate change issues for 10 years. MH-Carbon has appointed Gavin Manerowski as chief executive offcer. Manerowski co-founded the London-based voluntary carbon credit broker in September 2010 and was previously its director. David Rosenheim has been appointed executive director of the Climate Registry, a non- proft North America- based carbon footprint registry. He also runs US business development for carbon management frm Offsetters.